Is it possible to have a Rs. 1 crore corpus on retirement? Want to live life king-size in your autumn years?
Then start early and embrace systematic investment planning. The power of systematic investment planning lies in compounding. Rs. 1,000 saved and invested every month for 20 years can make you richer by approximately Rs. 17.60 lakh. But do you know what will be the corpus if the same amount of money is invested regularly over 30 years? You will be wealthier by approximately Rs. 94.90 lakh. Seems interesting?
How can you start on systematic investment planning?
The best way to get started on systematic investment planning is by choosing any of the leading Mutual Fund houses, you can also take help of reputed investment service provider which can link your SIP's with retirement or financial goals. A SIP allows you to conveniently invest a fixed amount every month in the fund of your choice.
One needn’t worry as to how one will transfer a fixed amount every month to the Mutual Fund company or Asset Management Company. You can leave a standing instruction for them to auto-debit the money from your bank account. The entire process of transferring money for systematic investment planning is completely hassle-free.
Why should I invest in SIP?
The biggest benefit of investing through SIPs is that you get the benefit of rupee-cost averaging. Many of us are worried whether we are investing at the right time. With SIPs, you can rest assured that you are investing at all levels of the market, high and low included.
Save a fixed amount every month, start investing them right from a young age and let the power of compounding work for you.
Then start early and embrace systematic investment planning. The power of systematic investment planning lies in compounding. Rs. 1,000 saved and invested every month for 20 years can make you richer by approximately Rs. 17.60 lakh. But do you know what will be the corpus if the same amount of money is invested regularly over 30 years? You will be wealthier by approximately Rs. 94.90 lakh. Seems interesting?
How can you start on systematic investment planning?
The best way to get started on systematic investment planning is by choosing any of the leading Mutual Fund houses, you can also take help of reputed investment service provider which can link your SIP's with retirement or financial goals. A SIP allows you to conveniently invest a fixed amount every month in the fund of your choice.
One needn’t worry as to how one will transfer a fixed amount every month to the Mutual Fund company or Asset Management Company. You can leave a standing instruction for them to auto-debit the money from your bank account. The entire process of transferring money for systematic investment planning is completely hassle-free.
Why should I invest in SIP?
The biggest benefit of investing through SIPs is that you get the benefit of rupee-cost averaging. Many of us are worried whether we are investing at the right time. With SIPs, you can rest assured that you are investing at all levels of the market, high and low included.
Save a fixed amount every month, start investing them right from a young age and let the power of compounding work for you.
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